GigaCloud: Conditions Are Good For The Stock To Climb [Seeking Alpha]
GigaCloud Technology Inc (GCT)
Company Research
Source: Seeking Alpha
Play 10min Summary In this article, I provide an update about GigaCloud Technology stock. I argue that conditions are favorable for GCT stock to appreciate over the coming quarters. I discuss several reasons for this thesis and consider some risks to it. Overall, I maintain a buy rating for GCT stock. Abstract Aerial Art I last wrote about GigaCloud Technology ( NASDAQ: GCT ) in February. At the time, I had rated the company a buy in light of its attractive valuation and strong growth prospects. Since then, the stock has slid about 30% despite the company's better-than-ever financial performance. In this article, I revisit GigaCloud and argue that conditions are good for GCT stock to appreciate in the coming months and quarters. Below, I discuss the main reasons underlying this thesis, as well as potential risks to it. Overall, I maintain a buy rating for GCT stock. GigaCloud's Valuation Is Cheap When I last wrote about GigaCloud, I had taken a positive view of
Show less
Read more
Impact Snapshot
Event Time:
GCT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GCT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GCT alerts
High impacting GigaCloud Technology Inc news events
Weekly update
A roundup of the hottest topics
GCT
News
- 3 US Growth Stocks With High Insider Ownership And 44% Revenue Growth [Yahoo! Finance]Yahoo! Finance
- Driving Traffic To Brick-And-Mortar Stores In 2024 And Beyond [Forbes]Forbes
- US Growth Companies With Insider Ownership Up To 29% [Yahoo! Finance]Yahoo! Finance
- Top US Growth Companies With High Insider Ownership For September 2024 [Yahoo! Finance]Yahoo! Finance
- Top US Growth Companies With High Insider Ownership In September 2024 [Yahoo! Finance]Yahoo! Finance
GCT
Earnings
- 8/6/24 - Beat
GCT
Sec Filings
- 9/3/24 - Form 8-K
- 8/19/24 - Form 3
- 8/19/24 - Form 4
- GCT's page on the SEC website